West Red Lake Gold Intersects 27.15 g/t Au over 10.28m and 22.31 g/t Au over 8.5m at North Austin Zone – Madsen Mine
November 21, 2023
Vancouver, BC
West Red Lake Gold Intersects 27.15 g/t Au over 10.28m and 22.31 g/t
Au over 8.5m at North Austin Zone – Madsen Mine
West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV:
WRLG) (OTCQB: WRLGF) is pleased to report drill results from its 100% owned Madsen Mine
located in the prolific Red Lake Gold District of Northwestern Ontario, Canada.
This first round of drill results from the Madsen Mine were all drilled from underground on the
North Austin Zone , which represents a new area of high-grade mineralization extending the
current Madsen resource to the northeast. The WRLG team believes these intercepts are
indicative of the exceptional resource growth potential that still exists at the Madsen Mine asset.
The North Austin Zone sits adjacent to e xisting underground development marking it as a high
caliber target that could potentially be developed early during future mine restart and
production. The North Austin Zone remains open down-dip and along strike to the northeast and
will continue to be a priority expansion target as underground drilling continues.
HIGHLIGHTS:
• Hole MM23X-02-4980-003 Intersected 10.28m @ 27.15 g/t Au, from 28.72m to 39.00m,
Including 1m @ 33.11 g/t Au, from 31.50m to 32.50, also Including 1m @ 226.85 g/t Au,
from 32.50m to 33.5m.
• Hole MM23X-02-4980-001 Intersected 8.5m @ 22.31 g/t Au, from 26.95m to 35.45m,
Including 0.55m @ 186.56 g/t Au, from 26.95m to 27.50m, also Including 1m @ 80.76 g/t
Au, from 27.50m to 28.50m.
• Hole MM23X-02-4980-004 Intersected 7.36m @ 8.98 g/t Au, from 29.74m to 37.10m,
Including 1m @ 40.81 g/t Au, from 31.40m to 32.40m.
Shane Williams, President & CEO, stated, " We are very encouraged by this first round of results
out from the underground drilling campaign at the Madsen Mine. Our geologic team quickly
recognized the exploration potential in th e North Austin area, which represents a high- grade
expansion target that sits very close to existing underground infrastructure. While a good portion
of the underground drill meters will continue to be focused on definition and increasing
confidence in the current resource, we will continue to take advantage of near- mine organic
growth opportunities that could materially enhance and increase the mineral resource inventory
at Madsen.”
Page 2 of 10
Plan maps and section for the North Austin drilling outlined in this release are provided in Figures
1 through 3.
Since underground drilling commenced near the end of September 2023 the Company has
completed 848m of Exploration drilling and 3,369m of Definition drilling. In total, 70 diamond
drill holes for 4,217m have been completed so far in 2023 at the Madsen Mine. Fire and metallic
screen assays have been returned for 65 out of 70 holes completed, with 5 holes pending assays
and QAQC.
TABLE 1. Significant intercepts (>1 g/t Au) from drilling at North Austin Target.
Hole ID Target From (m) To (m) Thick (m)* Au (g/t)
MM23X-02-4980-001
North Austin
26.95 35.45 8.50 22.31
Incl. 26.95 27.50 0.55 186.56
Also Incl. 27.50 28.50 1.00 80.76
MM23X-02-4980-002 North Austin No Assays > 1 g/t Au
MM23X-02-4980-003
North Austin
28.72 39.00 10.28 27.15
Incl. 31.50 32.50 1.00 33.11
Also Incl. 32.50 33.50 1.00 226.85
MM23X-02-4980-004 North Austin 29.74 37.10 7.36 8.98
Incl. 31.40 32.40 1.00 40.81
MM23X-02-4980-005 North Austin No Assays > 1 g/t Au
MM23X-02-4980-006 North Austin 17.00 18.00 1.95 3.66
AND North Austin 28.00 28.74 0.74 2.75
MM23X-02-4980-007 North Austin 27.00 27.50 0.50 1.27
MM23X-02-4980-008 North Austin 36.00 37.00 1.00 1.20
MM23X-02-4980-009 North Austin 29.50 30.24 0.74 1.05
MM23X-02-4980-010 North Austin 23.00 24.00 1.00 1.50
AND North Austin 31.00 32.00 1.00 1.79
AND North Austin 43.80 44.50 0.70 3.01
MM23X-02-4980-011 North Austin 32.00 33.00 1.00 1.37
AND North Austin 52.09 53.00 0.91 8.82
MM23X-02-4980-012 North Austin 12.68 13.50 0.82 7.08
MM23X-02-4980-013 North Austin 7.00 7.65 0.65 8.89
AND North Austin 11.08 12.00 0.92 2.35
MM23X-02-4980-014 North Austin 11.00 12.00 1.00 2.17
MM23X-02-4980-015 North Austin 12.00 13.00 1.00 4.11
MM23X-02-4980-016 North Austin 8.00 8.50 0.50 6.32
AND North Austin 10.80 11.50 0.70 3.63
MM23X-02-4980-017 North Austin 7.00 8.00 1.00 1.20
AND North Austin 11.10 12.00 0.90 4.23
MM23X-02-4980-018 North Austin 12.80 14.20 1.40 3.21
*The “From-To” intervals in Table 1 are denoting overall downhole length of the intercept. True thickness
has not been calculated for these intercepts but is expected to be ≥ 70% of downhole thickness based on
intercept angles observed in the drill core.
Page 3 of 10
FIGURE 1. Deposit-scale plan map of Madsen Mine.
TABLE 2: Drill collar summary for holes reported in this News Release.
Hole ID Target Easting Northing Elev (m) Length (m) Azimuth Dip
MM23X-02-4980-001 North Austin 435748 5646929 295 65 311 11
MM23X-02-4980-002 North Austin 435748 5646929 295 54 311 -5
MM23X-02-4980-003 North Austin 435748 5646929 295 72 301 20
MM23X-02-4980-004 North Austin 435747 5646929 295 60 281 15
MM23X-02-4980-005 North Austin 435747 5646929 295 51 281 0
MM23X-02-4980-006 North Austin 435743 5646914 295 51 292 5
MM23X-02-4980-007 North Austin 435742 5646914 295 45 293 -10
MM23X-02-4980-008 North Austin 435742 5646913 295 51 273 5
MM23X-02-4980-009 North Austin 435742 5646913 295 45 273 -5
MM23X-02-4980-010 North Austin 435742 5646913 295 66 254 10
MM23X-02-4980-011 North Austin 435742 5646912 295 72 236 15
MM23X-02-4980-012 North Austin 435771 5646967 295 30 299 -11
MM23X-02-4980-013 North Austin 435771 5646967 294 30 299 -30
MM23X-02-4980-014 North Austin 435772 5646967 294 33 298 -48
MM23X-02-4980-015 North Austin 435774 5646971 295 30 299 -11
MM23X-02-4980-016 North Austin 435773 5646971 294 30 299 -30
MM23X-02-4980-017 North Austin 435774 5646971 294 33 299 -48
MM23X-02-4980-018 North Austin 435774 5646971 294 36 318 -11
Page 4 of 10
DISCUSSION
Accessed through the Madsen Mine East Portal, the North Austin Zone sits northeast in the
footwall of the main Austin Zone. Like the main Austin and South Austin Structure s, the North
Austin domain is hosted within broad, kilometer- scale planar alteration and deformation
corridors that have been repeatedly reactiv ated during gold mineralization and subsequent
deformation and metamorphism.
At the deposit-scale the Austin, South Austin, North Austin, and McVeigh Zones are locally folded
and structurally dismembered by transposition and rotation into the penetrative S2 Foliation. In
addition to this intense deformation overprint, the mineralized veins and alteration have been
subjected to the relatively high temperatures of amphibolite facies metamorphism, which led to
extensive recrystallization and growth of the skarn -like replacement mineral assemblage of
diopside-amphibole-quartz-biotite.
All significant gold mineralization on the mine property is demonstrably early relative to the most
significant, penetrative deformation (D2) and metamorphic events. The North Austin Zone
displays ‘mine-style’ alteration and mineralization and consists of multiple mineralized domains
defined over a strike length of 0.5km . Mineralization remains open at depth and along strike to
the northeast.
In drill core, or at underground face exposures, gold-bearing zones at the Madsen Mine are best
identified visually by fine (sub-millimetre) grains of free gold within strong alteration and veining.
All high-grade intervals generally contain visible gold on drill core exteriors, although numerous
examples exist of high-grade assays where visible gold was only identified within the interior (cut
surface) of the core samples. Apart from the presence of free gold, pervasive silicification (locally
accompanied by discrete quartz veining) and quartz -carbonate or diopside veining are the best
indicators that a given interval is within a high-grade zone along/within the mineralized structure.
The current underground drilling program at the Madsen Mine is focused on further definition
of near-term mining inventory , as well as growth of the current mineral resource. Drilling has
been focused on the more continuous and higher-grade portions of the Austin, South Austin, and
North Austin Zones. This will continue to be the strategy moving into 2024.
High resolution versions of all the figures contained in this press release can be found at the
following web address: https://westredlakegold.com/november-21st-news-release-maps/
Page 5 of 10
FIGURE 2. Madsen Mine long section showing location of North Austin Zone.[1]
[1] Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. Please refer to the technical report entitled “Independent NI 43 -101
Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada”, prepared by SRK Consulting (Canada) Inc. and dated June 16, 2023. A full
copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca.
Page 6 of 10
FIGURE 3. North Austin plan view drill section showing assay highlights for Holes MM23X-02-4980-001 through -018.[1]
[1] Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. Please refer to the technical report entitled “Independent NI 43- 101
Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada”, pr epared by SRK Consulting (Canada) Inc. and dated June 16, 2023. A full
copy of the SRK report is available on the Company’s website and on SEDAR + at www.sedarplus.ca.
Page 7 of 10
WEDGE DEPOSIT – DRILLING RESULTS
The Company completed a total of 11 diamond drill holes for 2,995.5m from surface at the
Wedge deposit between September 8 and October 3, 2023 . The objective of this drill program
was expanding and upgrading the existing mineral resources at Wedge, which currently contain
an Indicated mineral resource of 56,100 oz grading 5.6 g/t Au , with an additional Inferred
resource of 78,700 oz grading 5.7 g/t Au. The mineralized zones encountered at Wedge confirm
the geologic model and help to extend high-grade chutes within the existing Mineral Resource.
HIGHLIGHTS:
• Hole WDG-23-010 Intersected 3.0m @ 5.50 g/t Au, from 156m to 159m, Including 1.5m
@ 10.50 g/t Au, from 157.5m to 159m
• Hole WDG-23-001 Intersected 1.35m @ 10.10 g/t Au, from 189.5m to 190.85m
• Hole WDG-23-006 Intersected 1.0m @ 13.63 g/t Au, from 320.55m to 321.55m
TABLE 3. Significant intercepts (> 1 g/t Au) from drilling at Wedge Target.
Hole ID Target Zone From (m) To (m) Thick (m) Au (g/t)
WDG-23-001 Wedge DVCK 3 189.50 190.85 1.35 10.10
WDG-23-002 Wedge No Assays > 1 g/t Au
WDG-23-003 Wedge DVCK 1 (hw) 146.55 147.05 0.50 2.28
AND Wedge DVCK 3 279.00 280.00 1.00 1.44
WDG-23-004 Wedge DVCK 3 (hw) 279.75 280.50 0.75 3.84
AND Wedge DVCK 3 299.50 300.50 1.00 2.16
Incl. Wedge 300.00 300.50 0.50 3.49
AND Wedge DVCK 3 304.15 305.15 1.00 4.27
WDG-23-005 Wedge DVCK 1 217.30 218.40 1.10 1.00
WDG-23-006 Wedge DVCK 3 320.55 321.55 1.00 13.63
WDG-23-007 Wedge DVCK 1
219.10 220.90 1.80 1.50
Incl. Wedge 220.00 220.90 0.90 2.12
AND Wedge DVCK 2 262.00 263.40 1.40 1.69
AND Wedge DVCK 3 311.80 314.00 2.20 1.36
WDG-23-008 Wedge No Assays > 1 g/t Au
WDG-23-009 Wedge No Assays > 1 g/t Au
WDG-23-010 Wedge MJ 2 156.00 159.00 3.00 5.50
Incl. Wedge 157.50 159.00 1.50 10.50
WDG-23-011 Wedge MJ (hw) 54.00 55.50 1.50 1.27
AND Wedge MJ 3 205.50 208.50 3.00 1.24
*The “From-To” intervals in Table 1 are denoting overall downhole length of the intercept. True thickness
has not been calculated for these intercepts but is expected to be ≥ 60% of downhole thickness based on
intercept angles observed in the drill core . Under ‘Zone’ column, (hw) is indicating ‘hanging wall to’ and
(fw) is indicating ‘footwall to’ main vein zones.
Page 8 of 10
QUALITY ASSURANCE/QUALITY CONTROL
Drilling completed underground at the Madsen Mine consists of BQ-sized diamond drill core for
definition drill programs and oriented NQ -sized diamond drill core for exploration focused
drilling. All drill holes are systematically logged, photographed, and sampled by a trained
geologist at the Madsen Mine core processing facility. Minimum allowable sample length is 0.5m.
Maximum allowable sample length is 1.5m. Control samples (certified standards and uncertified
blanks), along duplicates, are inserted at a target 5% insertion rate. Result s are assessed for
accuracy, precision, and contamination on an ongoing basis. The BQ-sized drill core is whole core
sampled. The NQ-sized drill core is then cut lengthwise utilizing a diamond blade core saw along
a line pre-selected by the geologist. To reduce sampling bias, the same side of drill core is sampled
consistently utilizing the orientation line as reference. For those samples containing visible gold
(“VG”), a trained geologist supervises the cutting/bagging of those samples, and ensures the core
saw blade is ‘cleaned’ with a dressing stone following the VG sample interval. Bagged samples
are then sealed with zip ties and transported by Madsen Mine personnel directly to SGS Natural
Resource’s Facility in Red Lake, Ontario for assay.
Samples are then prepped by SGS, which consists of drying at 105°C and crushing to 75% passing
2mm. A riffle splitter is then utilized to produce a 500g course reject for archive. The remainder
of the sample is then pulverized to 85% passing 75 microns fro m which 50g is analyzed by fire
assay and an atomic absorption spectroscopy (AAS) finish (SGS Code GO -FAA50V10). Samples
returning gold values > 100 g/t Au are reanalyzed by fire assay with a gravimetric finish on a 50g
sample (SGS Code GO_FAG50V). Samples with visible gold are also analyzed via metallic screen
analysis (SGS code: GO_FAS50M). For multi- element analysis, samples are sent to SGS’s facility
in Burnaby, British Columbia and analyzed via four- acid digest with an atomic emission
spectroscopy (ICP -AES) finish for 33 -element analysis on 0.25g sample pulps (SGS code:
GE_ICP40Q12). SGS Natural Resources analytical laboratories operates under a Quality
Management System that complies with ISO/IEC 17025.
The Madsen Mine deposit presently hosts a National Instrument 43-101 (“NI 43-101”) Indicated
resource of 1.65 million ounces (“Moz”) of gold grading 7.4 g/t Au and an Inferred resource of
0.37 Moz of gold grading 6.3 g/t Au. Mineral resources are estimated at a cut -off grade of 3.38
g/t Au and a gold price of US1,800/oz. Please refer to the technical report entitled “Independent
NI 43 -101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine,
Canada”, prepared by SRK Consulting (Canada) Inc. and dated June 16, 2023. The Madsen
Resource Estimate has an effective date of December 31, 2021 and excludes depletion of mining
activity during the period from January 1, 2022 to the mine closure on October 24, 2022 as it has
been deemed immaterial and not relevant for the purpose of the updated report. A full copy of
the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca.
The technical information presented in this news release has been reviewed and approved by
Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified
Person for exploration at the West Red Lake Project, as defined by NI 4 3-101 “Standards of
Disclosure for Mineral Projects”.